Market Summary, Week ending September 29, 2006

Feeder Prices, San Angelo, 40-60 lbs. for 110-119 $/cwt., 60-70 lbs. for 108-118 $/cwt., 70-80 lbs. for 103-113 $/cwt.
Slaughter Prices - Negotiated, Live, wooled and shorn 125-150 lbs. for 90-102.14 $/cwt., dressed, no sales reported.
Slaughter Prices - Formula, 12,571 head(1) at 180-205.64 $/cwt. for 70.40 ave. lbs., 3,627 head at 177.65-203.38 $/cwt. for 78.40 ave. lbs.
Cutout Value/Net Carcass Value(2), $213.97/cwt.
Carcass Price, Choice and Prime, YG 1-4, weighted averages, 2,362 head at 55-65 lbs. for $209.04/cwt., 3,205 head at 65-75 lbs. for $201.65/cwt., 1,756 head at 75-85 lbs. for $199.81/cwt., 351 head at 85 lbs. and up for $189.24/cwt.
Boxed Lamb, weighted average prices ($/cwt.), Trimmed 4" Loins 520.41, Hotel rack(3) 558.61, Leg (trotter off) 209.57, Ground lamb 296.99.
Wool, Price ($/lb.) Clean, Delivered, 26 micron (Grade 56-58's) 1.20. No other prices available.
(1)Prices reported for the two weight categories of the largest volume traded. (2)The cutout value is the same as a net carcass value. It is a composite value that sums the value of the respective lamb cuts multiplied by their weights. It is also the gross carcass value less processing and packaging costs. (3)Average of light, medium and heavy 8-Rib Rack.
(Source: USDA/Agricultural Marketing Service)

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